About This Home
This 3-bedroom, 2-bathroom single family at 313 Monarch Way in Pocono Lake, PA is listed for $425,000 ($315 per sqft). Built in 1978, the home offers 1,351 sqft of living space on a 0.45 acres lot.
Key Features
- Built in 1978
- 0.45 acre lot
- 2 stories
- 5 parking spaces
- Fireplace
Property Details
Amenities
TURNKEY INCOME PRODUCING STR -- $68K annual revenue two years running and ranked in the top 5% of all Airbnb listings. Known as ''Monarch Cottage,'' this extremely well-maintained 3-bedroom, 1.5-bath Pocono chalet is a proven, permitted short-term rental with a 4.97-star rating across 147 reviews.
Meticulously cared for, thoughtfully updated and professionally designed, the home features vaulted ceilings, floor-to-ceiling windows, a stone fireplace, a renovated full bath, an updated kitchen with stainless appliances, and a one-of-a-kind camp-style bunkroom and arcade loft that guests rave about.
Outside, enjoy a private hot tub, fire pit, screened-in porch, spacious deck, and a pirate ship treehouse -- the amenity package driving premium nightly rates. Set in amenity-rich Locust Lake Village, steps from a private beach and three lakes with lifeguarded swimming, a ski hill, tennis, and community events, and just 15-20 minutes from Jack Fros
t, Big Boulder, Camelback, Kalahari, and Pocono Raceway -- true four-season demand with no dead months. Sold as a fully operational business this is a rare chance to buy documented cash flow, not projections.
Monthly Cost Estimate
$4,006/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
313 Monarch Way
Pocono Lake, PA 18347
Locust Lake Village
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 313 Monarch Way is listed at $425,000 ($315/sqft). The estimated monthly payment is $4,006 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $1733/month.
Key features include: Built in 1978, 0.45 acre lot, 2 stories, 5 parking spaces, Fireplace. Interior Features: Eat-in Kitchen, Vaulted Ceiling(s). Exterior Features: Barbecue, Gas Grill, Fire Pit.
This property is listed by Lorena Alvarez and can be reached at (888) 397-7352.
